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0 0 0 0 0.0166358595194086 0.0166358595194086 0.0166358595194086 0.0184842883548984
Stock impact report

Five Point Holdings, LLC Announces New Hearthstone Residential Land Banking Investment Partnership With Blue Owl Managed Funds

Five Point Holdings, LLC Class A Common Shares (FPH) 
Last five point holdings, llc class a common shares earnings: 8/8 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.fivepoint.com
Company Research Source: Business Wire
IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today announced the formation of a new residential land banking investment partnership executed by its Hearthstone Residential Holdings platform (“Hearthstone”), with funds managed by Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL).The investment partnership is designed to support the acquisition of residential homesites and land assets in high-quality U.S. housing markets, leveraging Hearthstone’s operating expertise, sourcing capabilities, and long-standing relationships with national homebuilders.“This transaction represents an important milestone for Hearthstone and for Five Point,” said Dan Hedigan, President and Chief Executive Officer of Five Point. “Following our acquisition of the Hearthstone platform mid-last year, this new partnership marks a critical first step in scaling the land banking busin Show less Read more
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